27 Min.
GOS05: A Glass of Bordeaux and Working Less In 2021 Glass Of Success
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- Firmengründung
Today we look at working smart to achieve our financial goals in 2021. We will do this all while drinking Bordeaux from the region Bordeaux , France.
Review how you spend your time during - Personal diary
Become more efficient:
Outsource - Delegate work once you are clear on how to do it yourself. The 4 hour work week is a useful tool on outsourcing.
Automate - Create a process that can be carried out by a machine or person
Scale up - go big on 1 idea - Determine the vital few from the trivial many
Adding life after subtracting work: by not being bored we remove time to think.
Tim Ferriss 4 hour Work Week Concept
Dreamline Structure - a step by step guide to setting clear goals and the costs associated with those goals. Then write clear actions how I will achieve these now, tomorrow and day after.
Find the free resource below
https://tim.blog/lifestyle-costing/
Greg McKeown Essentialism Concept
Paradox of the pursuit of success: Understanding the better we get at our job the busier we become.
Phases
With clarity of purpose we can succeed at our endeavour
Success will give you a reputation as a go to person. Presented with increased options and opportunities
Increased options and opportunities will lead to defused efforts/ spread thin
Distracted of our clarity and purpose
We need to change assumptions: I have too, it is important and I can do both
Replace with core truths: I choose too, only a few things really matter, I can do anything not everything. (MCKEOWN, 2021)
MCKEOWN, G., 2021. ESSENTIALISM. [S.l.]: VIRGIN BOOKS.
Pareto principle
This “universal truth” about the imbalance of inputs and outputs is what became known as the Pareto principle, or the 80/20 rule
Legend has it that one day he noticed that 20% of the pea plants in his garden generated 80% of the healthy pea pods. This observation caused him to think about uneven distribution. He thought about wealth and discovered that 80% of the land in Italy was owned by just 20% of the population
KEY TAKEAWAYS
The 80-20 rule maintains that 80% of outcomes (outputs) come from 20% of causes (inputs).
In the 80-20 rule, you prioritize the 20% of factors that will produce the best results.
A principle of the 80-20 rule is to identify an entity's best assets and use them efficiently to create maximum value.
This "rule" is a guideline, not a firm mathematical law.
Tool of the week
Answer The Public
Pro:
Show the most searched web questions regarding a topic and where you can craft your content strategy upon
Why
What
When
How
Con:
You have limited search and it’s price - starting from $79/month
https://answerthepublic.com/
Today we look at working smart to achieve our financial goals in 2021. We will do this all while drinking Bordeaux from the region Bordeaux , France.
Review how you spend your time during - Personal diary
Become more efficient:
Outsource - Delegate work once you are clear on how to do it yourself. The 4 hour work week is a useful tool on outsourcing.
Automate - Create a process that can be carried out by a machine or person
Scale up - go big on 1 idea - Determine the vital few from the trivial many
Adding life after subtracting work: by not being bored we remove time to think.
Tim Ferriss 4 hour Work Week Concept
Dreamline Structure - a step by step guide to setting clear goals and the costs associated with those goals. Then write clear actions how I will achieve these now, tomorrow and day after.
Find the free resource below
https://tim.blog/lifestyle-costing/
Greg McKeown Essentialism Concept
Paradox of the pursuit of success: Understanding the better we get at our job the busier we become.
Phases
With clarity of purpose we can succeed at our endeavour
Success will give you a reputation as a go to person. Presented with increased options and opportunities
Increased options and opportunities will lead to defused efforts/ spread thin
Distracted of our clarity and purpose
We need to change assumptions: I have too, it is important and I can do both
Replace with core truths: I choose too, only a few things really matter, I can do anything not everything. (MCKEOWN, 2021)
MCKEOWN, G., 2021. ESSENTIALISM. [S.l.]: VIRGIN BOOKS.
Pareto principle
This “universal truth” about the imbalance of inputs and outputs is what became known as the Pareto principle, or the 80/20 rule
Legend has it that one day he noticed that 20% of the pea plants in his garden generated 80% of the healthy pea pods. This observation caused him to think about uneven distribution. He thought about wealth and discovered that 80% of the land in Italy was owned by just 20% of the population
KEY TAKEAWAYS
The 80-20 rule maintains that 80% of outcomes (outputs) come from 20% of causes (inputs).
In the 80-20 rule, you prioritize the 20% of factors that will produce the best results.
A principle of the 80-20 rule is to identify an entity's best assets and use them efficiently to create maximum value.
This "rule" is a guideline, not a firm mathematical law.
Tool of the week
Answer The Public
Pro:
Show the most searched web questions regarding a topic and where you can craft your content strategy upon
Why
What
When
How
Con:
You have limited search and it’s price - starting from $79/month
https://answerthepublic.com/
27 Min.